Aggregate Value of Wins to Exceed US$34 Million
Azur, Israel, January 12, 2007 - Leadcom Integrated Solutions Ltd. ('Leadcom' or 'the Company'), (AIM: LEAD), a leading international provider of innovative telecommunication solutions, is pleased to announce it has signed a new contract with a telecom infrastructure company in India, and to announce its latest wins in the Central Eastern Europe, Middle East, Africa (CEEMEA) region.
This new contract encompasses the delivery of works and services pertaining to construction of telecom sites in various areas of India. The value of the first phase of the contract is approximately US$5 million, with a potential to grow to a total of US$20 million, the majority of which is expected to be recognized in 2007.
In addition, since the beginning of 2007, Leadcom has been awarded follow-up network expansion orders in two major countries on the African continent. The aggregate value of these orders exceeds US$14.5 million, all of which will be recognized in 2007.
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